Difference Between Strategy Approaches and Strategy Concepts
Hi, can someone please explain the difference between a strategy approach and a strategy concept? I'm not sure if I get it right, but to my mind an approach (like Resource-based View) describes a way to interpret the reality.
Whereas a strategy ...

The Role of the Board of Directors in the Strategy Process
If strategy is to guide the organization, then it certainly must be guided by what by law, if not actual fact, is the organization´s key governing body, the Board of Directors (BOD).
1. To what extent should the BOD participate in setting strate...

What Makes a Person Into a Strategist?
It is really difficult to become a strategist without having the personality / behavior that makes a person into a strategist. I believe a strategist' personality is the product of proactive behavior.

What is a Strategy?
Unless a definition of "a strategy" is agreed upon by those who will have to use it and act by it, no "strategic planning" of whatever flavor will do. Yet, it is an illusion to fancy that one doesn't need a strategy. Let's make it clear. I define a s...

Implementation/Formulation Strategy Matrix
Properly formulated strategies that are actively managed lead to success. The Implementation/Formulation Strategy Matrix has 4 quadrants to be considered when developing a strategy:
1. WISHFUL THINKERS
- Implementation: Not Managed
- ...

Outsourcing Manufacturing
Some US manufacturing firms still find it advantageous to source their manufacturing from China and other Asian countries.
How are the strategies of these firms different from those who decide to locate in Guadalajara?...

Customer Attractiveness Matrix
This is an important method for customer segmentation. I missed this method in the dictionary. Maybe it is in there under a different name. It describes the customer attractiveness versus the suppliers strength or position with the customer. Also kno...

Strategy-Driven Requirements Engineering
In Australia as elsewhere I've seen many organisations that can and do articulate their highest strategic goals, objectives etc but then have no idea of how to execute upon that strategy in terms of implementing IT systems that really do help ...

Is Strategy Development a 'Chaotic' Process?According to Stacey (1993) 'organisations are complex adaptive systems and the patterns in the actions of organisations, which are their strategies, emerge unpredictably in self organising processes.' This accords with the view of 'strategy developme...

What is Strategic Quality Planning?I am a student researching about strategic quality planning. How do we develop a strategic quality plan? What are the processes involved? What are the considerations in making such a plan? Thanks for your input......

Mission: To achieve the VisionHow's this for a novel approach. Every organisation, the world over, has the same Mission. It's simply 'To achieve the Vision'....

What is Strategy?If creativity is making the complicated simple, then we can see strategy as the process of transforming creativity into value for the stakeholders....